Investors Must Contact Attorneys Immediately to Ensure Coverage of Legal Claims in Lehman Brothers Securities Litigation
The law firm of Girard Gibbs LLP (www.girardgibbs.com/ppn.asp) urges investors who purchased Lehman Brothers-issued notes from UBS, including notes with a "principal protection" feature, to contact the firm immediately, if they haven't already done so, to ensure that their legal claims are represented in the pending class action lawsuit arising out of the collapse of Lehman Brothers Holdings, Inc. Girard Gibbs serves on the plaintiffs' executive committee, representing investors in the class action case,and can be reached by phone at 866-981-4800 or via its website at www.girardgibbs.com/ppn.asp.
Throughout 2007 and 2008, Lehman Brothers issued a variety of securities that were sold to the investing public by UBS. To ensure representation in the class action lawsuit, investors who purchased these offerings must contact the attorneys for the class immediately. Investors' failure to step forward for each Lehman-issued security may result in certain offerings being excluded from the litigation. Investors whose legal claims are excluded will not receive a share of any recovery plaintiffs may obtain as a result of this class action case.
The class action lawsuit, In re Lehman Brothers Equity/Debt Securities Litigation (08-CV-5523), is currently pending in the U.S. District Court for the Southern District of New York. Defendants named in the case include UBS Financial Services Inc., UBS Securities LLC, and certain officers and directors of Lehman Brothers, among others.
Following Lehman Brothers' bankruptcy filing on September 15, 2008, securities issued by the company went into default, causing investors to become senior unsecured creditors in Lehman's bankruptcy proceeding. These investors stand to lose a substantial portion of their principal investments.
If you invested in Lehman Brothers-issued notes offered or sold through UBS and would like to discuss your legal rights, please contact Girard Gibbs LLP toll-free at (866) 981-4800 or by via our website at www.girardgibbs.com/ppn.asp.
Girard Gibbs LLP is one of the nation's leading firms representing individual and institutional investors in securities fraud class actions and litigation to correct abusive corporate governance practices, breaches of fiduciary duty and proxy violations. For more information, please access the firm's web site, www.girardgibbs.com/ppn.asp.
Contacts:
Girard Gibbs LLP
Dena Sharp, 866-981-4800
chc@girardgibbs.com